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The Independent UK
The Independent UK
National
Haleluya Hadero

Amazon used an algorithm to essentially raise prices on other sites, the FTC says

Copyright 2023 The Associated Press. All rights reserved.

Amazon used a secret algorithm that essentially helped the company raise prices on other online sites and “destroyed” some internal communications as the Federal Trade Commission was investigating the company, according to newly unredacted portions of the agency's antitrust lawsuit against the e-commerce giant.

The new excerpts unveiled Thursday allege Amazon executives intentionally deleted communication by using a feature on the popular app Signal that makes messages disappear. By doing this, the FTC said Amazon “destroyed more than two years” worth of communications from June 2019 to “at least early 2022” despite instructions it gave Amazon not to do so.

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